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ShortSeller76
Mar 1, 2022 8:41 PM

LMT way overbought! Last time I checked the USA was not at war Short

Lockheed Martin CorporationNYSE

Description

This stock has surged over 30% on the Russian invasion of Ukraine. Overbought with gaps to fill. Looking for a near term correction to low $400's much lower if by some miracle this ends soon with peace!! Bought April 14th $450 puts, will add on every $20 increase in price.

Trade closed manually

Puts doubled on this mornings first 30 minute drop, order was already in so the position is closed.
Comments
lith13
I totally forgot that USA only buys from LMT if its at war!
ShortSeller76
Puts doubled on drop this morning. Closed trade
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